The burden of unemployment is
A) endured better by people with substantial savings.
B) fully measured by the monetary cost computed in the GDP gap.
C) borne equally by all unemployed people.
D) completely offset by the federal unemployment insurance program.

Question

Quizplus · Accepted Answer

People with substantial savings are better equipped to handle the financial strain of unemployment and may have more options and resources available to them for finding new employment. The burden of unemployment is not fully measured by just the monetary cost computed in the GDP gap, as it also includes the personal and emotional toll of job loss. The burden of unemployment is not necessarily borne equally by all unemployed people, as individuals may have different financial and personal circumstances. While the federal unemployment insurance program can provide temporary financial assistance, it does not completely offset the burden of unemployment.

The Burden of Unemployment Is